In late 2024, the United Kingdom’s Financial Conduct Authority (FCA) published a “Dear CEO” letter related to the FCA’s “Custody and Fund Services Supervision Strategy.” The letter shares the FCA’s
Continue Reading UK FCA Letter Expresses Concerns About Fund Service Providers
The UK Financial Conduct Authority (FCA) has proposed significant changes to the safeguarding requirements for UK registered payments and e-money firms (CP24/20). The FCA’s goal is to replace the current
Continue Reading UK FCA Proposes Changes to Safeguarding Regime for Payments and E-Money Firms